2565 Bank St Louisville, KY $ 40,000
2565 Bank St
$ 40,000
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2565 Bank St

Louisville, KY, 40212
$ 40,000
Baths0.0

Monthly Estimate*

$ 279

2565 Bank St, Louisville, KY 40212 - Image 1
2565 Bank St, Louisville, KY 40212 - Image 2
Studio

Multi-Family Home for sale in Louisville, KY

for $40,000. This home was built in 1892.

This Queen Anne-style building was built on a prominent intersection around 1900 and spent much of its life as the Schweitzer Pharmacy. Please note, the interior is a shell and will require a complete build-out. This two-and-one-half-story commercial structure dominates the corner of 26th Street and Bank Street. The building's primary commercial facade faces Bank Street and has an entrance on the corner as well as toward the right side when viewed from Bank St. The corner side was built for retail, and the second door leads to more first-level space as well as upstairs living space. With many historic architectural details intact you'll notice a turret, multi-light gabled roof dormers, fish scale shingles, and a porch with an arched surround. This building is a great example of a late-nineteenth to early-twentieth century corner commercial store, designed with a store on the first floor and living quarters on the second and third floors. Many original architectural features are still present, including weatherboarding, door and window trim, and other details. The building is individually listed on the National Register of Historic Places. This means that the new owner can earn federal and state historic rehabilitation tax credits as they bring this building back to life. The credits amount to 20-30% for state credits and an additional 20% for federal. It is expected that the new owner will pursue these tax credits, and the non-profit "Vital Sites" can help navigate the tax credit application process for the new owner. Please use ShowingTime to schedule appointments. Please use caution when entering the building. Note that utilities are not on - bring a flashlight.

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Multi-Family Contingent

Price

$ 40,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1892

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

1642492

Features
General
Cooling None
Utilities None
Roof Metal
Exterior Features See Remarks
HOA 0.0
Architectural Style Other
Construction Materials Wood Frame
Year Built 1892
Property SubType Duplex
County Jefferson
Property Type MultiFamily
HOA / Comm Assn N
Subdivision Name PORTLAND
Garage Y/N N
Status Active Under Contract
Directions I-64 to 22nd street exit. Right on Portland Avenue. Left on 26th street. Left on Bank Street
City Louisville
View Y/N N
Total Units 1
MLS Area 01-Dtwn Old Louisville/Shively/West Lou
Lot Size Square Feet 0.0
Carport Y/N N
Street Name Bank
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 01-Dtwn Old Louisville/Shively/West Lou
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active Under Contract
Tax Lot 0001
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Exterior
Lot Features Corner Sidewalk
Lot Size Area 0.0
Spa N
Building Area Total 0.0
Lot Dimensions 0
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N N
Above Grade Finished Area 0.0
Street Suffix St
Below Grade Finished Area 0.0
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 2565
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* Excluded Features
List By
Kentucky Select Properties

Broker

skertis@kyselectproperties.com

Email

Affordability Calculator

$279
Per Month
100%
0%
0%
Monthly Principal & Interest
$279
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
518801 Elementary School
518802 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2023$40,000 Listed Price

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2565 Bank St, Louisville, KY, 40212 is a Multi-Family Home for sale at $40,000. 2565 Bank St is a studio with 0.0 baths and was built in 1892. The property's zip code is 40212 which is in Louisville, KY